RFG Advisory LLC Buys 145,262 Shares of Schwab U.S. Mid-Cap ETF $SCHM

RFG Advisory LLC lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 163.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 234,021 shares of the company’s stock after acquiring an additional 145,262 shares during the period. RFG Advisory LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $7,245,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Valpey Financial Services LLC increased its stake in Schwab U.S. Mid-Cap ETF by 2,876.4% in the fourth quarter. Valpey Financial Services LLC now owns 4,224,671 shares of the company’s stock valued at $140,495,000 after purchasing an additional 4,082,734 shares in the last quarter. 93 Financial Group LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the fourth quarter worth $48,614,000. Financial Planning Navigators CORP bought a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth $22,267,000. Moneta Group Investment Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 6.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock worth $320,830,000 after purchasing an additional 648,134 shares in the last quarter. Finally, Corient Private Wealth LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 97.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,289,510 shares of the company’s stock valued at $36,187,000 after buying an additional 637,571 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.2%

Shares of SCHM stock opened at $35.80 on Thursday. Schwab U.S. Mid-Cap ETF has a 12-month low of $27.52 and a 12-month high of $36.65. The firm has a fifty day moving average of $34.70 and a 200-day moving average of $32.65. The firm has a market capitalization of $15.03 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04.

Schwab U.S. Mid-Cap ETF Company Profile

The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.